Question
What is the journal entry to record accrued payroll and the proper allocation of direct labor costs when actual hours exceed standard hours but the
What is the journal entry to record accrued payroll and the proper allocation of direct labor costs when actual hours exceed standard hours but the actual wage rate is less than the standard wage rate?
- A.
- Work-in-process
- XXX
- DL price variance
- XXX
- DL efficiency variance
- XXX
- Accrued payroll
- XXX
- B.
- Wage expense
- XXX
- DL efficiency variance
- XXX
- Accrued payroll
- XXX
- C.
- Work-in-process
- XXX
- DL efficiency variance
- XXX
- DL price variance
- XXX
- Accrued payroll
- XXX
- D.
- Accrued payroll
- XXX
- DL price variance
- XXX
- Work-in-process
- XXX
- DL efficiency variance
- XXX
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Accounting Principles
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
IFRS global edition
1-119-41959-4, 470534796, 9780470534793, 9781119419594 , 978-1119419617
